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Tinubu Reforms to Bolster Investment Appetite Among Firms

The audacious transformational economic reforms of Nigeria's new President Bola Tinubu, that is expected to unlock the potential in the economy, will bolster the...

Naira Falls By 0.66% Against Dollar

The naira on Friday closed on a negative note as it exchanged for N770.17 against the dollar at the investors and exporters window. The naira...

Norfund Invests in OH Ecosystems to Create Cocoa Processing Jobs in Nigeria

Through an investment of USD 12 million in OH Ecosystems Ltd (“Eco”), Norfund, the Norwegian Investment Fund for developing countries, aims to create jobs...

NLC Kicks Against Planned 40% Electricity Tariff Increase

The Nigeria Labour Congress (NLC) President Joe Ajaero has urged the Federal Government to stop the proposed plan of electricity tariff increase by July...

Stanbic IBTC Exposed to Huge Foreign Exchange Loss on Currency Devaluation

Stanbic IBTC Holdings Plc could be at the verge of reporting foreign exchange revaluation loss if the naira continues to depreciate against the dollar,...

BUA Foods to Maintain Rice Prices Across Nigeria

...restates commitment to supporting Local Rice Farmers for Food Security in Nigeria In a remarkable display of commitment to the Nigerian agricultural sector and the...

President Tinubu Speaks On Proposed 114% Salary Increase

President Bola Tinubu has debunked the proposed 114% increase in the salaries of the President, Vice President, elected federal and state political office holders,...

Obi Slams President Tinubu’s N8.1m Salary, Says 130m Nigerians In Poverty

Former Governor of Anambra State and the Presidential Candidate of the Labour Party, Peter Obi, has called for the reversal of the proposed salary...

Nigeria’s Daily Fuel Consumption Falls To 41m litres from 67m

According to a statement by the Vice President, Kashim Shettima, Nigeria’s daily fuel consumption has dropped to 41 million litres from 67 million litres...

Airtel Africa to Take $1.3bn Revenue Hit From Naira Devaluation

Airtel Africa, will be impacted negatively to the tune of $1.3 billion on its revenues and $740 million on EBITDA, over the next four...

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